The Governor of the Central Bank of Nigeria (CBN), Mallam Sanusi Lamido Sanusi, Tuesday restated that volatility of global oil prices and weak output performance in domestic economy are factors that may jeopardise Nigeria’s foreign exchanges reserves accretion. Nigeria’s forex reserves, which slipped marginally to $48.723 billion on Monday, […]
Author: InvestAdvocate
Disengaged workers sue Access Bank for unpaid gratuities
The case instituted against Access Bank Nigeria Plc. about 1500 ex-employees over unpaid gratuities, came up for hearing on Tuesday at the National Industrial Court, Ikoyi, Lagos, where Justice A. O. Obaseki-Osaghae presided. The first hearing was on February 4, 2013. In the aftermath of the acquisition of Intercontinental Bank […]
Retail market:NSE seeks support of professional bodies
In its bid to improve activities at the retail end of the market, the Nigerian Stock Exchange is to seek the collaboration of professional bodies. The NSE’s Chief of Staff and Head, Corporate Division, Mr. Bola Adeeko, made this known at a press briefing in Lagos on Tuesday. He said, […]
